Polymarket Offers Bitcoin Price Prediction Market

Polymarket has introduced a prediction market that enables users to bet on whether the price of Bitcoin will rise or fall within a specified time frame. The resolution source for this market is Chainlink's BTC/USD data stream, which provides real-time information on the cryptocurrency's value.

The market resolves to 'Up' if the final Bitcoin price at the end of the time range equals or surpasses the initial price at the beginning of that period. Conversely, it will resolve to 'Down' if the final price is lower than the initial one.

It is essential to note that live data may be delayed by a few seconds and can be influenced by other factors such as market activity on various exchanges and broader market conditions.